- X Data table Requirements 1. Prepare a variance analysis of fixed manufacturing overhead cost 2. Is foved overhead underallocated or overallocated? By what amount? 3. Comment on your resulta Discuss the variances and explain what may be driving them Planned budgeted) output 3.500.000 Actual production 2.700.000 baguettes Direct manufacturing labor 48,000 hours Actual variable manufacturing overhead $675,540 Print Done Print Done b Question 7, E8-24 (similar to) Part 1 of 4 HW Score: 45 O Points: 0 - - Data table 7 Planned (budgeted) output 3,500,000 baguettes Actual production 2,700,000 baguettes Direct manufacturing labor 48,600 hours Actual variable manufacturing overhead $675,540 Print Done The Rye Bread Company takes bagets for tribution to upscale grocery stores. The company has two direct.co tegories direct materials and dired montachaiglater. Varatturingov alocated to products on the basis of standard direct manufacturing bor hours Click the icon to wow the budget data for 2017) Click the icon to view the additional data for 2017) The Rye Bread Company also alocales food manufacturing overhead to products on the basis of standard direct manufacturing hours For 2017, fred manufacturing owad budget $300 direct manufacturing labor-hour Actual fixed manufacturing overhead incurred during the year was $293.000 Read the requirements Same Budgeted Lump Sum Regardless of Output Level Actual Costs Incurred Flexible Budget Allocated Overhead Food MOH Call Check Answer ation to upscale grocery stores. The company has two direct-cost categories: direct materials and direct mar - Data table jar act actu Direct manufacturing labor use 0.02 hours per baguette Variable manufacturing overhead $10.00 per direct manufacturing labor-hour ed m Print Done manul dgete Sum